Meanwhile, Bitcoin hasn’t had a single hack or a single hour of downtime since it started 15 years ago. Decentralization is the answer.
Meanwhile, Bitcoin hasn’t had a single hack or a single hour of downtime since it started 15 years ago. Decentralization is the answer.
Bitcoin has never been hacked. Nobody has ever been able to print money the protocol doesn’t allow nor spend money without the appropriate private key. People have had their Bitcoin stolen, which is like getting your wallet stolen IRL, but we don’t say ‘The USD got hacked’ or ‘The USD is insecure’ just because that happened.
That’s not downtime, that’s congestion. It never stopped processing transactions. If you paid a high fee, you would go through immediately. And that’s happened rarely and doesn’t effect lightning transactions which are the ones you use if speed is a priority.